PANews reported on October 17th that Bitcoin mining company Bitfarms Ltd. (BITF) announced that it has priced its offering of $500 million in principal amount of 1.375% convertible senior notes due 2031. Bitfarms has also granted the initial purchasers of the convertible notes an option to purchase up to an additional $88 million in principal amount of the notes within 13 days of, and including, the initial issuance date. The offering size has been increased from the previously announced $300 million. Subject to customary closing conditions, the offering is expected to close on or around October 21, 2025.PANews reported on October 17th that Bitcoin mining company Bitfarms Ltd. (BITF) announced that it has priced its offering of $500 million in principal amount of 1.375% convertible senior notes due 2031. Bitfarms has also granted the initial purchasers of the convertible notes an option to purchase up to an additional $88 million in principal amount of the notes within 13 days of, and including, the initial issuance date. The offering size has been increased from the previously announced $300 million. Subject to customary closing conditions, the offering is expected to close on or around October 21, 2025.
Bitcoin miner Bitfarms increases the size of its convertible senior notes offering to $500 million
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PANews reported on October 17th that Bitcoin mining company Bitfarms Ltd. (BITF) announced that it has priced its offering of $500 million in principal amount of 1.375% convertible senior notes due 2031. Bitfarms has also granted the initial purchasers of the convertible notes an option to purchase up to an additional $88 million in principal amount of the notes within 13 days of, and including, the initial issuance date. The offering size has been increased from the previously announced $300 million. Subject to customary closing conditions, the offering is expected to close on or around October 21, 2025.
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